XM Canada Hits 120,000 Sub Mark
September 7, 2006 at 6:08 AM (PT)
XM CANADA says that it has reached the 120,000 subscriber mark after 9 months of operation. The fiscal fourth quarter results were a 50% increase over third quarter (there are no year-to-year comparisons because the company was not in consumer operation a year earlier).
"Our subscriber level in nine months exceeds all of our expectations and we look forward to momentous growth in 2007," said Pres./COO STEPHEN TAPP.